Calculates variance based on the entire population.
Number1,number2, ... are 1 to 30 number arguments corresponding to a population.
Logical values such as TRUE and FALSE and text are ignored. If logical values and text must not be ignored, use the VARPA worksheet function.
- VARP assumes that its arguments are the entire population. If your data represents a sample of the population, then compute the variance using VAR.
- The equation for VARP is:
Using the data from the VAR example and assuming that only 10 tools are produced during the production run, VARP measures the variance of breaking strengths for all the tools.
VARP(A2:E3) equals 678.8